By Julianne Geiger The American Petroleum Institute (API) reported a major build of 9.75 million barrels of United States crude oil inventories for the week ending October 5, compared to analyst expectations that this week would see a much smaller build in crude oil inventories of 2.62 million barrels. The build is the largest build…
By Damilola Shittu IKEJA Electric has developed a new mobile app that will help the prevention of customers and employees against electrical hazard. The app named ‘i-Safe’ was unveiled by the management of the firm. The application, developed in Nigeria by Ikeja Electric, is designed to guarantee customer and employee safety with real-time report on…
By Oke Peter The landing cost of the Premium Motor Spirit (petrol) being imported into the country has risen to at least N205 per litre on the back of the recent increase in global oil prices, putting more pressure on the Nigerian National Petroleum Corporation. The NNPC has been the sole importer of petrol into…
Oke Peter with Agency Report Eleven people on Wednesday in Abuja suffered various degrees of burns from a gas explosion that occurred at Rosy Restaurant Area 11. An eyewitness reports that the victims who were immediately taken to Asokoro general hospital suffered some 40 to 50 degree of burns. Apregnant woman, who simply identified herself…
